What is it about?
Real estate price determinants are important for investment and public policy decisions. We show that real estate price determinants depend on the geographical level of analysis, and that equilibirum is not attainable in the short-term. Different geographical levels have different price determinants.
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Why is it important?
Real estate prices have different determinants, according to the geographical level.
Perspectives
A "One size fits all" approach does not work in finding real estate price determinants.
Antonio M. Cunha
Universidade do Porto
Read the Original
This page is a summary of: The determinants of real estate prices in a European context: a four-level analysis, Journal of European Real Estate Research, June 2021, Emerald,
DOI: 10.1108/jerer-10-2020-0053.
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